Pi Network Price Today March 28, 2025: Up Again to 0.8 USD
Pi Network price today March 28, 2025 increased again 4.2% compared to yesterday, currently at $0.81. New turning point for Pi Network in April 2025
Pi Network Price Today March 28, 2025
Pi price on OKX exchange on March 28, 2025 is fluctuating around the price from 0.7765 USD to 0.8924 USD (equivalent to 19,890 VND to 22,830 VND). Thus, at the time of writing, Pi price on OKX exchange increased again by 4.2% compared to yesterday, reaching 21,010 VND
Compared to the level of 2 USD/Pi when it was first listed on February 20, Pi has lost up to 60% of its value, although the trading volume is still very active.
New turning point for Pi Network in April 2025
Next April is expected to bring a turning point for Pi Network when the number of tokens unlocked each day will drop sharply from 13 million to about 3.8 million. Experts say this could help Pi's price to be less volatile and more stable, after the coin plummeted from the $1 mark to about $0.80 since March 22.
In March, more than 188 million Pi were unlocked for about 1.1 million users, contributing to the sharp price drop. With a current capitalization of about $6.2 billion, Pi is holding the 25th position on the cryptocurrency rankings.
Data from Pi Scan shows a clear differentiation in the amount of Pi that users are holding. Up to 83% of accounts (more than 10.3 million people) own less than 10 Pi. Meanwhile, only 297 accounts hold between 100,000 and 1 million Pi and only 22 accounts hold more than 10 million Pi.
The Pi Network (PCT) development team currently controls more than 63 billion Pi, raising doubts in the community about the coin's ability to recover its price. Some analysts believe that if Pi breaks through the $1.20 threshold, the coin could approach $1.35, or even $3 if the upward momentum is maintained.
However, selling pressure from users who have been mining Pi for a long time and now want to take profits may put further pressure on Pi price in the coming time.
